If you've been in the songwriting business for more that a few years, you've undoubtedly seen your royalty statements fizzle so I'm sure this statement will make you crazy: Spotify is worth more than the entire U.S. music industry.

Back when the big labels were rolling in money they could afford to invest in diversity in their catalogs. Now the business has been reduced to 'crank up the computer and crank out another track' exactly like the last hit.